Globalization has changed how CEOs must think about doing business. Often the biggest barriers to growth are outmoded notions to which one still clings. Globalization demands that leaders learn from the world, rather than plastering the globe with corporate formulas. Over the last 10 years many companies have stepped up their initiatives in world markets. In many cases, the share of profits and revenues from non-domestic sources rival those dependent on the home market. In its annual Leadership Summit held at The Breakers Hotel in Palm Beach, CEgathered business leaders on the front line. They indicate that with the rise of new competitors in emerging markets, companies will need different skills, different structures and, above all, different thinking to capture new growth.

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